Dec 24, 2012 10:00am PST
was in south america with a mistress who's now his fiancee. >>> a small group of letter carriers staged protests in washington, d.c. this week in an effort to raise awareness about the to posed legislation to reduce delivery days to five and cost 80,000 jobs. the strikers say the jobs could be saved if they refund the pension surplus instead. >>> good news for boston mayor. he was released from the hospital this morning. he was admitted about six weeks ago for a respiratory infection and then suffered complications and also diagnosed with type ii diabetes and joked with reporters the government is running well even without him. >>> will the debate over the fiscal cliff take a dramatic turn? a group of moms now fighting for gun control is weighing in on that.
Dec 11, 2012 6:00am EST
, and south america, which we really don't have now. really makes us a global powerhouse. >> you know, is the underwear business and the jeans business a bigger business than the suit business for example? >> yes. the underwear business worldwide is over a billion dollars in sales and jeans business is close to $2 billion. so those are the two largest categories followed by fragrance which is about a billion and a half dollars. >> when you did the tommy deal you knocked the cover off the ball. you put some numbers out. you delevered the company quickly. now you're back doing the warnerco deal. is this going to be as transformational? >> i think in some ways it's going to be more transformational. it really opens up two key markets for us to operate directly. today we are operating on joint ventures and licensing arrangements. so in asia, china specifically, ind india, and in latin america with brazil, you know, really opening up the developing economies, where warnaco, in those two areas approaching 20%. >> phillips-van heusen, to be able to transform it from what we think of when we
Dec 27, 2012 6:00am EST
poverty trends in america. so there are pockets in the south, pockets in the appalachian mountains, pockets in urban areas that where there's poverty, there is going to be people needing help. and you know what? they're finding givelocally.net can deliver their needs quickerer, more efficiently than anything out there. we're passionate about helping as many as we can. >> is it set up as a corporation or a nonprofit? >> we made a kshgz decision not to be a 501(c)3 for many reasons, including there's no limit to where we can direct the money. so we can help anyone with any need that's legitimate. but here is the thing. the 501(c)3 exemption was added to this tax code in 1917. as beau said, there are more than 1 million registered 501(c)3s right now and poverty is at its historic high. if you're a business, that's a model one could argue isn't working. we're letting the market decide. we're letting the american people decide. do you want to give $50, $75, $100 on givelocally.net? >> how do you pay your expenses? >> as a start-up with investment, we create jobs and pay our people. but